A Well Established, High Profile Asset With Strong Brand Recognition
A rare opportunity in the market, the uniquely positioned King Solomon Hotel is being offered for sale for the first time in eighteen years. The current owner’s decision to retire has created the perfect opportunity to pick up a prime property that may never come on the market again.
The King Solomon Hotel boasts consistently outstanding occupancy levels and online reviews. Perennially ranking as one of the leading hotels on Trip Advisor reviews for Honiara, the extensive property is near perfectly situated in Honiara’s Central Business District nestled only metres away between the Australian High Commission and the National Parliament of the Solomon Islands.
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Monetised Opportunity at Every Turn
Multiple income assets on the premises include all the following premier establishments:
- A Pub
- Beer Garden
- Café
- Restaurant
- 76 Long-Term and Short-Term Accommodation Apartments.
- Cocktail Bar
- Gift Shop
- Takeaway Pizza Business
- Night Club
- Multiple Conference Centres
Guests and Visitors Can Also Access
- Fully licensed Night Club with liquor license (Operating: 10am to 2am Monday to Saturday)
- Restaurant, Publican with residential liquor license (Operating: 10am to 11pm Monday to Sunday)
- Resort style facilities including a landscaped swimming pool and a bamboo tiki bar ideal for poolside events.
- Rare and unique Cable Car Lift (An Iconic Tourist Attraction)
- Fully equipped gymnasium overlooking the swimming pool
Because Lot Size Matters
The full property is comprised of six blocks with extensive street frontage (87.7m) along Hibiscus Avenue in Honiara’s CBD and nightlife precinct.
- Property 1 – 743m2
- Property 2 – 843m2
- Property 3 – 1023m2
- Property 4 – 1943m2
- Property 5 – 1037m2
- Property 6 – 844m2